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  • Sat. Nov 2nd, 2024

Second stimulus bundle targets small companies and employees who lose their tasks

Second stimulus bundle targets small companies and employees who lose their tasks

Updated.

March 22, 2020 00: 53:31

Small businesses will be quit to $100,00 0 to keep their personnel employed during the coronavirus crisis, and have their loans ensured by the Commonwealth, as part of the Morrison Government’s 2nd financial stimulus package.

Key points:

  • Eligible not-for-profits and small businesses will get a tax-free, money payment of in between $20,00 0 and $100,00 0
  • The Commonwealth is using to ensure unsecured loans of as much as $250,00 0
  • Labor has repeated its require an irreversible increase in th

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